USD/JPY falls to fresh lows in nearly three weeks as bond yields tumble

Nov 30, 2021
30 11 2021 4 43 01 pm

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USD/JPY all the way down to a low of 112.89, its lowest since 10 November

USD/JPY D1 30-11

This comes amid the chance averse temper available in the market, that has seen Treasury yields tumble with 10-year yields now down by over 8 bps to 1.445% on the day.

The push under 113.00 is seeing sellers push for a break under near-term assist near the determine degree, setting their sights on the November lows round 112.72-77 subsequent.

A break under that may spell extra hazard for USD/JPY (and yen pairs typically) with little assist all the way in which in the direction of the 112.00 deal with.

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